Tanalys

Crude Oil (WTI) (M5) Intraday: rebound expected.

Pivot: 55.75

Our preference: Long positions above 55.75 with targets @ 58.8 59.6 in extension.

Alternative scenario: Below 55.75 look for further downside with 54.6 53.8 as targets.

Comment: The RSI is mixed.

Supports and resistances:

60.25

59.6

58.8

57.39 Last

55.75

54.6

53.8

Copyright 1999 – 2015 TRADING CENTRAL

Exit mobile version